8-year-old boy named highest-paid YouTuber in 2018
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Ex-KC RB Hunt admits to lying about hotel assault
A spokeswoman for Baltimore-based Under Armour (NYSE: UAA) confirmed Saturday morning that the brand "parted ways" with Hunt. In his first interview since video of the February incident surfaced , Hunt expressed regret over what happened.

USA becomes net oil exporter as imports hit record low
Oil was down $59.48 a barrel on Thursday, after a planned Opec press conference on the group's deal failed to materialise. Saudi Arabia, OPEC's de facto leader, has made clear that it won't shoulder the burden of trimming production alone.

Meghan and Kate to unite for Christmas
Add Royal Family as an interest to stay up to date on the latest Royal Family news, video, and analysis from ABC News. Sure, Meghan Markle has always lived a little bit in the limelight.

Trump agrees to pause U.S. trade war with China
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US calls for EU sanctions on Iranian ballistic program
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Seattle expected to land National Hockey League franchise
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Why Canadian Oil Stocks Are Soaring Today

Alberta's decision to mandate output cuts to reduce a supply glut will have negative effects on North American producers of lighter oil used for blending and US refiners importing crude via rail, even as several major Canadian energy companies cheered the move.

Alberta's oil is now fetching bargain basement prices thanks to a growing glut and lack of pipeline capacity to get oil to market.

But the measure also may rattle the sense of security investors had in companies like Suncor Energy Inc., whose large refining operations had shielded it from the worst of the crisis and were actually profiting from cheap feedstock, said Randy Ollenberger, an analyst at Bank of Montreal.

The losers include integrated producers who will likely pay more for their refining feedstock and companies that had meant to grow their production in the first half of 2019, it said. "That's going to be a big concern".

Light or heavy: Each type of oil around the world has its own price. "It has a huge impact on small businesses, any of the service companies working for the oil and gas companies, and the companies themselves".

Alberta PremierRachel Notley and her cabinet have put the legal wheels in motion to begin cutting oil production, while calling on the federal government to step up.

"Today's situation is the direct result of the failure to build pipelines in recent years - including the cancellation of multiple viable pipeline projects by the Trudeau Liberals", said Kenney". The move was a bid to keep the project alive after Kinder threatened to walk away amid fierce opposition from British Columbia. "I think that level of detail in the announcement really provided the market with a lot of certainty in order for it to price in that move very, very quickly".

Producers are making 190,000 raw crude oil and bitumen barrels per day (bpd) more than can be shipped out of Alberta, said the province.

"I would like to see them quit talking so much and come up with some action on this", said Alberta Energy Minister Margaret McCuaig-Boyd on Monday's episode of CTV Power Play. It said 90 per cent of its oil production is either in the USA, or is downstream of the recent apportionment points which are impacting prices, so it's average selling price hasn't been as impacted as other companies. Imperial Oil Ltd. made similar comments.

Fagerheim said his company has been hit hard by the difference between the West Texas Intermediate price and Western Canadian Select. The government estimates Alberta is losing $80 million a day due to the discount.

"At the end of the day, this isn't just about Alberta, this a national priority".

The government should immediately assess what natural underground storage capacity exists or can be readily created in Alberta.

David MacNaughton says no one in the USA government has raised Alberta Premier Rachel Notley's move with him.

"We need to do more and do it now", Notley writes. Curtailment will help, but we should signal to the market that we won't be pushed around by increasing our storage capacity and not fire-selling our resources.